Edge Computing Infrastructure to Increase 50 Percent by 2024, per Research

A new report from Mobile Experts reviews five different business models for edge computing based on recent investments in low latency and cloud services. Edge computing server shipments are projected to grow at a 50 percent CAGR over the next five years, to 74,000 units accounting for more than 3 million CPU and GPU cores in 2024.

The total addressable market for this edge computing equipment, which consists of distributed cloud edge nodes and near-edge data centers, is valued at just under $2 billion at the end of the sample period. The advancement in low-latency infrastructure will enable enterprises to serve application areas ranging from industrial automation to consumer gaming and AR/VR, while cloud providers will be able to support larger IT workloads using public or on-premise networks.

Use cases outlined in the report include private LTE/5G, cloud gaming, and other edge computing applications.

About the Author

Brandon Lewis, Editor-in-Chief of Embedded Computing Design, is responsible for guiding the property's content strategy, editorial direction, and engineering community engagement, which includes IoT Design, Automotive Embedded Systems, the Power Page, Industrial AI & Machine Learning, and other publications. As an experienced technical journalist, editor, and reporter with an aptitude for identifying key technologies, products, and market trends in the embedded technology sector, he enjoys covering topics that range from development kits and tools to cyber security and technology business models. Brandon received a BA in English Literature from Arizona State University, where he graduated cum laude.
He can be reached by email at brandon.lewis@opensysmedia.com.